AD Derivs: Insights from Crypto Option Traders cover image

AD Derivs. Podcast (Ep.30) - Arisa and JP @Cega

AD Derivs: Insights from Crypto Option Traders

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SEGA's FTX Alameda Fiasco

The FTX Alameda fiasco made us realize that the markets are still very nascent for the level of under collateralized lending. We basically created V2 of SEGA's products that only focuses on options. And it does not have any sort of funding element. So now everything is 100% collateralized on chain, and you can even track the addresses that the collateral are being sorted so your funds will never be lent out.

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